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Energy Vault Holdings IncNYSE NRGV Stock Report

Last reporting period 30 Jun, 2024

Updated 15 Nov, 2024

Last price

Market cap $B

0.153

Micro

Exchange

XNYS - New York Stock Exchange, Inc

NRGV Stock Analysis

NR

Uncovered

Energy Vault Holdings Inc is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

-36/100

Low score

Market cap $B

0.153

Dividend yield

Shares outstanding

138.27 B

Energy Vault Holdings, Inc. develops sustainable energy storage solutions that are transforming the world's approach to utility-scale energy storage for grid resiliency. The company is headquartered in Westlake Village, California. The company went IPO on 2021-03-29. The firm is engaged in developing gravity-based energy storage technology. The company also designs energy management software based on artificial intelligence (AI), advanced optimization algorithms designed to control and optimize entire energy systems and provide an energy storage integration platform suitable for storage technologies of various durations. Its gravity-based systems are designed using crane/elevators and motor/generator infrastructure to orchestrate autonomously balanced net energy storage and energy distribution by using motor/generators to lift and lower mobile masses. Its storage solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and dispatch power. Energy Vault solutions act as a stand-alone energy storage solution to achieve power reserves for any energy generation source.

View Section: Eyestock Rating